
The episode discusses delays in motor finance payouts, calls for a new Brexit deal, potential changes to zero emission vehicle mandates, and a government review of public charging costs.
FOLLOW UP: MOTOR FINANCE PAYOUTS DELAYED UNTIL 2027 As suspected, following appeals against the Financial Conduct Authority’s (FCA) ruling and redress scheme, the FCA has announced that payouts will be delayed until 2027, if it goes ahead at all. The appeals have argued for the scheme to be quashed due to the claim that the rules governing it are illegal. For more in this, click the link here for a MotorTrader article . FOLLOW UP: INDUSTRY CALLS ON THE EU AND UK TO REACH NEW BREXIT DEAL Industry bodies for both the UK and European car manufacturers have called on both governments to reach a new ‘Rules of Origin’ deal that will allow for tariff free importing and exporting of cars and parts made in either area. This runs out at the end of this year. If you want to find out more, click this electrive article link here . REPORTS THAT GOVERNMENT TO REDUCE MANDATE LEVELS Over the weekend news broke on the rumour that the Government is set to reduce the required zero emission vehicle mandate level to 50% for 2030, instead of the 80% it is currently at. This is just a couple of weeks after the latest Carbon Budget claimed it would be at 95% and recently that they would not begin a…
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